Kymera Therapeutics, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 4, 2025
KYMR$136.64-1.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
For the three and nine months ended September 30, 2025 and 2024
(In thousands, except for share and per share amounts)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Collaboration revenue | $2,764 | $3,741 | $36,341 | $39,678 |
| Operating expenses: | ||||
| Research and development | $74,094 | $60,410 | $232,737 | $168,431 |
| General and administrative | 17,336 | 15,455 | 51,252 | 47,202 |
| Impairment of long-lived assets | 3,855 | — | 3,855 | 4,925 |
| Total operating expenses | 95,285 | 75,865 | 287,844 | 220,558 |
| Loss from operations | (92,521) | (72,124) | (251,503) | (180,880) |
| Other income (expense): | ||||
| Interest and other income | 10,444 | 9,697 | 27,413 | 27,964 |
| Interest and other expense | (98) | (60) | (280) | (190) |
| Total other income: | 10,346 | 9,637 | 27,133 | 27,774 |
| Net loss | $(82,175) | $(62,487) | $(224,370) | $(153,106) |
| Other comprehensive loss: | ||||
| Unrealized gain on marketable securities | 1,222 | 4,030 | 2,986 | 2,483 |
| Total comprehensive loss | $(80,953) | $(58,457) | $(221,384) | $(150,623) |
| Net loss | $(82,175) | $(62,487) | $(224,370) | $(153,106) |
| Net loss per share, basic and diluted | $(0.94) | $(0.82) | $(2.71) | $(2.09) |
| Weighted average common stock outstanding, basic and diluted | 87,300,286 | 76,125,975 | 82,653,142 | 73,330,338 |
CONDENSED CONSOLIDATED STATEMENTS OF
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